Blog: Building regulations - how can stricter changes present opportunities for the wider insurance industry?
As stricter building regulations for new buildings are set to come in force, insurers could see lower property damage costs and pay outs. However, Simon Ford, chairman of the British Damage Management Association, asks if this could be a challenge to…
Inland flood defences reduce river flood losses by 63%, saving the UK £1.1bn annually on average, according to a recent study.
'Dark clouds over Norfolk'; 'Perth reacts to job losses'; 'Staff don’t know anything'; those were snippets of headlines from local newspapers this week in reaction to Aviva’s plans to cut 1800 jobs.
Insurance buyers will need to watch what they spend on insurance and potentially seek out alternative mitigation strategies if the market hardens, new Airmic chairman Tim Murray has warned.
US loss adjusting business Global Risk Solutions has recruited a pair of senior former Crawford & Company executives to launch a UK office.
In March, Airmic appointed four new board members. Post spoke to them about what they hope to achieve and their assessments of where the risk management profession stands with regard to talent acquisition and diversity
Risk managers need to overcome their blind spot toward intangible assets like reputation and intellectual property, a conference heard.
Six out of ten risk managers believe that geopolitical tensions will become harder to manage for businesses in the next three years.
Whether it was an epic ending or a major disappointment, some of us currently have a Game of Thrones-shaped hole in our lives… and I was just imagining what it would be like if the show was remade in the world of insurance.
The insurance industry has become progressively familiar with the idea of ‘unthinkable risks’ in recent years as unpredicted and unprecedented losses, caused by both natural catastrophes and man-made events, have continued to happen
Insurers must more clearly communicate changes in risk appetite to insurance and risk managers, the CEO of the Association of Insurance and Risk Managers in Industry and Commerce John Ludlow has said.
In March, Airmic appointed four new board members. Post spoke to them about how risk management has changed during their time in the profession, what they need insurers to deliver and emerging risks
Risk managers believe that risk reporting and mitigation should no longer be an isolated item on the board agenda but how can they get the executive buy-in to this?
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.
Being able to offer attractive employee benefits is vital in terms of recruitment, retention and productivity, but they are both costly and risky
Teachers are safer drivers than sales people; Edinburgh residents are better drivers than those from Glasgow; and Toyota owners score better than those that own BMWs. These are among the insights gleamed by Matt Munro, Igo4 chief executive, from the…
Terrorism has been a constant threat in the UK for more than half a century and has proved hard for security forces to keep up with, so it is hardly surprising that the insurance market too has found itself trying to repair gaps in cover as they emerge
In the commercial space, artificial intelligence has the potential to enable an insurer to get all the information it needs to write a risk in a matter of hours and support customers’ risk management activity, but only if it is deployed appropriately
This week, along with the rest of the team, I attended the British Insurance Brokers’ Association conference. I knew it would be an action-packed week - but nothing could prepare me for what was ahead.
RSA will likely return to better than expected result this year after making £260m of cuts to business lines, analysts say.
Price still outweighs insurer financial strength in burgeoning mid-market sector.
It was the Competition and Markets Authority that recently put paid to Sainsbury’s and Asda’s marriage plans, but there are plenty of other risks that also regularly threaten the success of mergers and acquistions – ranging from the uncovering of…
With the Internet of Things transforming logistics, Paul Greensmith, CEO of UK Legal Entities at Axa XL, and Jon Walker, executive managing director commercial intermediary at Axa UK, explain how the insurance industry can use the wealth of data produced…
The Environmental Agency has launched an eight week consultation on a new long-term strategy to tackle flooding and coastal change.